Renishaw Share Discussion Threads

[cockneyrebel] 04/10/2011 15:22

A director bought £72K worth hear at 13.40p in Aug.

Two months before the trading update exactly.

CR

[robinnicolson] 03/10/2011 15:46

Although RSW have been 'heavily derated' since the FY results, Citigroup have lowered their PT from £14.92 to £9.56.

[apad] 24/9/2011 07:26

St...
It applies to the sector, but not the market. Defensives, high yield haven't fallen like this.
As to your second point, we need an insider to report on the order book :-)
Bought AGK yesterday.
apad

[divinausa1] 23/9/2011 21:15

shareprice down 30% since they announced....



just reminding myself why i bought the stock :)

[cambium] 23/9/2011 08:29

And will be agaim

[stevenlondon3] 23/9/2011 08:23

APAD I agree to a certain extent it is a call on the market but that comment applies to all equities. I am looking at RSW relative to the market.
Company specific the question is i think has RSW over stretched itself so with an econmic slow down will it have surplus capacity? This stock was over £18 just a few months ago.

[apad] 23/9/2011 07:21

FWIW.
My decision to increase RSW holding was based on their exports East.
Bought CRDA yesterday but the bloody market is going up this morning.
apad

[divinausa1] 23/9/2011 06:01

The market will turn around, Barclays' Knapp says September 22, 2011, 6:43 PM.The market will turn around, said Barry Knapp, head of U.S. equity strategist at Barclays Capital. It's a bold call on a day when the Dow Jones Industrial Average INDU is taking a swoon. But Knapp points out that what's happening has happened many times: equities have sold off after every major Fed action since early 2010. "Equity markets focus on the outlook of the Fed," he said at a press conference Thursday. The dynamic that "the Fed knows something we don't know" kicks in, worrying investors and traders, he said. "A week or two down the road, stock focus on the impact on the economy" that the Fed's action has, which is usually seen as more positive and good for stocks. And anything the Fed does that pushes down Treasury yields – and this announcement surely has – forces investors into the next most-safe asset class and eventually supports an allocation more towards stocks. "Equities catch on to this and rally because it's a loosening of financial channels," Knapp said.

[divinausa1] 22/9/2011 16:53

i think the director buy the other day spending £60k he doesn't think so

[apad] 22/9/2011 12:20

St...
I think the forecasts are largely irrelevant. The issue is whether there will be a major cut-off in orders at a time when the company is expanding.
So, it is a call on the world economy.
apad

[stevenlondon3] 22/9/2011 08:01

Good morning. Looking at digital look it has forecast for twelve months to june 2012. Does anyone have forecasts further out? Cheers.

[apad] 21/9/2011 16:23

Yeild 3.1%, PER 13, net cash £35m.
apad

[apad] 21/9/2011 15:09

Just broke a cardinal rule and bought more RSW at double my original buying price.
whenever i have done this sort of thing before it has gone badly wrong.
So, sell is my recommendation.
lol
apad

[cockneyrebel] 21/9/2011 09:58

What a cracking support level to be buying on tho - and a director bought £60K+ worth of shares mid Aug - 2 months ahead of the trading statement on Oct 13.

[gswredland] 20/9/2011 18:36

The graph is looking ugly...........

[electronica] 20/9/2011 13:52

divinausa

Huh!

RSW went X/D last week.

[divinausa1] 20/9/2011 12:55

sellers due to x divi on monday...

[rogerrail] 20/9/2011 12:13

Interesting article, it illustrates the direction manufacturing is moving as well as the capabilities of British engineering. Pity we don't have more of this in the UK, your last statement gives a clue as to where the major blame lies for that.

[electronica] 20/9/2011 08:51

Roger

Good points well made.

BTW - have you read the article in The Engineer this week on the new Ricardo (RCDO) line for the McClaren "supercar" engines. In line metrology is now at the core of all high tech machining & assembly ops.

RSW is beautifully positioned well into the foreseeable future. It's a pity that the pointy head arts grads in the City can't seem to take this in.

[apad] 20/9/2011 08:37

H
I would follow the RSW graph against the sector & FTSE indices, rather than fixing a price, if I were in your position.
RSW is a big enough proportion of my portfolio so I am not in the business of increasing my holding.
Currently looking to reinvest income by increasing holdings in either tech stock (e.g. WEIR) or value (e.g. AZN). What to do?
apad

"More than at any time in history mankind faces a crossroads.
One path leads to dispair and utter hopelessness, the other to total destruction. Let us pray we have the wisdom to choose correctly."
Woody Allen.

[huttonr] 20/9/2011 08:22

I think that, with the present world economic state, and the investment that Renishaw has planned, esp. the Bridgend factory, the current downtrend in the share price is quite understandable.
I was thinking about buying some after the fall in August but am looking for a price around £10 or so

[apad] 19/9/2011 15:59

OT sell of 15,000 today.
About 3x normal trading volume.
apad

[apad] 19/9/2011 15:52

UBS downgraded precision tool maker Renishaw from buy to neutral, saying that opportunities for structural growth may take a while to show through. "Renishaw carries little visibility and its products require customers to have confidence in the future given the relatively high ticket prices & orientation to investment." The target price is slashed from 2,000p to 1,350p.

10 Aug.

apad